
EP028: Teamshares: The Next Programmatic Acquirer
Teamshares: The Next Programmatic Acquirer. Coming Soon: $LOKV → $TMS
Doug Garber chats with Michael Brown (Teamshares, TMS) and Rick Hendrix (Live Oak, LOKV) about taking a programmatic acquirer of small businesses public via a DSPAC — the sourcing tech, capital plan, and why this opens a new asset class for investors. 🚀
In this episode:
How Teamshares buys retirement-sale SMEs, systemizes sourcing (70k leads → <1% close) and runs them as audited subsidiaries. 🧩
The advantages of being public include a lower cost of capital and the ability to leverage the infrastructure the team has built to…
The skinny
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